subject
Business, 19.12.2019 00:31 bcox32314

Imagine a person who makes $10 per hour working 40 hours per week for 50 weeks of the year. she is currently eligible for a welfare program, available to people with income equal to or less than $20,000, that gives her $1,200 a year. no such program is available to people with income above $20,000 per year. her boss offers her a promotion that would increase her wage by 50 cents per hour. now suppose the welfare program has a different structure. individuals are eligible for reduced benefits if their income is above $20,000. for every dollar an individual earns beyond $20,000, their welfare benefits are reduced by 25 cents. in other words, if an individual earns $24,000, they have earned $4,000 beyond $20,000, and the reduction in benefits is $4,000*0.25 = $1,000. they receive $200 instead of $1,200.a. her total annual income before the promotion is . b. her total annual income if she accepts the promotion is . c. she accept the promotion if she wants to have higher income. d. under this new program, her total annual income if she accepts the promotion is . e. uder this new program, she accept the promotion if she wants to have higher income.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:30
Which of the following goals is most effective? i will purchase a house by age twenty-five. i will purchase a three-bedroom house located near cherry park by my twenty-fifth birthday. in order to reach this goal, i will graduate from college and secure a job as a software developer.
Answers: 2
question
Business, 22.06.2019 08:50
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.
Answers: 2
question
Business, 22.06.2019 19:50
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.
Answers: 2
question
Business, 22.06.2019 23:00
The sign at the bank reads, "wait here for the first available teller," suggests the use of a waiting line system.a. multiple server, single phaseb. random server, single phasec. single server, multiphased. multiple server, multiphasee. dynamic server, single phase
Answers: 2
You know the right answer?
Imagine a person who makes $10 per hour working 40 hours per week for 50 weeks of the year. she is c...
Questions
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
English, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Biology, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01
question
Mathematics, 16.09.2020 21:01